Fundraising

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Argo Blockchain's Shares Plunge Following Unsuccessful $27M Fundraise

Argo’s attempt to raise $27 million to sustain its business was unsuccessful. The company called off the LoI signed with a strategic investor because the deal could not go through under the previously announced terms.

Crypto Lender Moon Mortgage Raises $3.5M Seed Round to Fund Mortgage Product

Crypto lender, Moon Mortgage, plans to launch a product that allows investors to use cryptocurrencies as collateral for financing real estate investments. This follows its successful $3.5M seed round for product expansion.

Crypto Account Verifier Juno Raises $18 Million In Series A Funding

Crypto banking platform Juno has raised $18M in a recent funding round. The company plans to expand its product offerings and launch a tokenized loyalty program using its JCOIN token.

NYDIG Raises $720 Million For Its Bitcoin Institutional Fund

NYDIG has generated about $720 million for its Bitcoin Institutional Fund. This success was made possible by the 59 Investors who donated an average of over $12 million to the fundraising.

TechCrunch Reveals Uniswap Labs' Move To Secure Over $100 Million New Funding

Uniswap Labs is reportedly in talks with Polychain and one of Singapore's sovereign funds to raise over $100 million in equity at a valuation of $1 billion to expand its offerings. Sources say there is no conclusion yet.

Dust Labs Raises $7M While yOOts Performs Outstandingly

The yOOts project launched on Monday but has already achieved a big feat by generating over $6 million in sales. Its parent company, Dust Labs, toed a similar line by raising $7 million in a funding round.

CoinFund Invests $300M To Fund Web3 Startups

New York-based venture capitalist and liquid investment firm CoinFund launches $300M as funds to promote newly established blockchain and Web3 projects as the crypto market takes a bearish turn.

Skynet Labs Shuts Down After Failing To Raise Funds

Siacoin’s parent company, Skynet Labs, will shut down as the firm could not complete its fundraising.

BitDAO Community Accepts Proposal To Fund AfricaDAO

Crypto firm BitDAO approves AfricaDAO’s proposal to receive $20M as funding to accelerate Web3 adoption across Africa.